Commercial banks lending (excluding interbank loans) in May 2025 surged by 456.90 milion GEL or by 0.71% compared to the previous month (exchange rate effect excluded, increased by 1.06%) and totaled 64.67 billion GEL by the end of May 2025 – the National Bank of Georgia (NBG) reports.
The YoY growth rate of loans, excluding exchange rate effect, was 15.07%. The volume of loans in national currency increased by 508.92 milion GEL (1.40%) , the volume of loans in foreign currency declined by 52.02 milion GEL or by 0.19% in the same period (exchange rate effect excluded, increased by 0.62%).
By the end of May 2025, the total volume of national currency denominated loans to resident legal entities issued by commercial banks amounted to 10.62 billion GEL (0.95% less compared to the previous month), and foreign currency denominated loans constituted 18.48 billion GEL (0.46% less; exchange rate effect excluded volume of lending in foreign currency increased by 0.34 %).
During May 2025, the volume of lending to resident household sector increased by 1.25% or 412.52 milion GEL, and constituted 33.31 billion GEL by the end of May 2025.
Larization ratio for total loans constituted 57.13% by the end of May 2025 and increased by 0.386 percentage point (exchange rate effect excluded, increased by 0.19 percentage point), compared to the end of April 2025.
